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The rand strengthened 0.5% to 17.14 per dollar after muted US economic data raised expectations of a Federal Reserve rate cut in December. The dollar fell 0.2% against a basket of currencies, and the Johannesburg Top-40 index rose 1.3%.
Expectations of Fed easing weaken the dollar, which tends to support dollar-priced commodities and firm emerging-market currencies. The effect on feed prices is indirect and modest.
cnbcafrica.comReutersNov 26, 2025Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
